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Bond Indya 0% ( IN002020Y322 ) in INR

Issuer	Indya
Market price	100 %  ⇌
Country	India
ISIN code	IN002020Y322 ( in INR )
Interest rate	0%
Maturity	20/05/2021 - Bond has expired
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Minimal amount	100 INR
Total amount	30 000 000 000 INR
Detailed description	India is a vast and diverse South Asian nation with a rich history, diverse cultures, and a rapidly developing economy. A sovereign zero-coupon bond, identified by ISIN IN002020Y322, issued by the Republic of India, a prominent emerging market economy, successfully reached its maturity on May 20, 2021, and has since been fully repaid to investors. This bond, denominated in Indian Rupees (INR), had an original total issuance size of 30,000,000,000 INR, with a minimum purchase amount set at 100 INR, reflecting its nature as a debt instrument where investors received repayment of the principal at maturity without periodic interest payments, consistent with its 0% interest rate and single payment frequency at redemption, at which point its market value returned to 100% of its face value.